New Wave Group AB (LTS:0KIZ) Quick Ratio: 1.22 (As of Mar. 2026) — 11% Above Median

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LTS:0KIZ New Wave Group AB LTS:0KIZ
82 GF Score
Price kr94.22
GF Value kr115.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is New Wave Group AB Quick Ratio?

New Wave Group AB LTS:0KIZ -0.43% 82 Quick Ratio is 1.22 as of Mar. 2026, which is 11% above its 10-year median of 1.10. GuruFocus rates LTS:0KIZ with a GF Score™ of 82/100 and a GF Value™ of kr115.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,136 Retail - Cyclical companies, New Wave Group AB ranks better than 66.9% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. New Wave Group AB's quick ratio for the quarter that ended in Mar. 2026 was 1.22.

New Wave Group AB has a quick ratio of 1.22. It generally indicates good short-term financial strength.

The historical rank and industry rank for New Wave Group AB's Quick Ratio or its related term are showing as below:

LTS:0KIZ' s Quick Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.1   Max: 1.43
Current: 1.22

During the past 13 years, New Wave Group AB's highest Quick Ratio was 1.43. The lowest was 0.82. And the median was 1.10.

LTS:0KIZ's Quick Ratio is ranked better than
66.9% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 0.86 vs LTS:0KIZ: 1.22

New Wave Group AB  (LTS:0KIZ) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


New Wave Group AB Quick Ratio Related Terms


New Wave Group AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for New Wave Group AB's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Wave Group AB Quick Ratio Chart

New Wave Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.97 1.12 1.43 1.19

New Wave Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 1.14 1.15 1.19 1.22

LTS:0KIZ vs CASY, WSM, ULTA: Quick Ratio Comparison

For the Specialty Retail subindustry, New Wave Group AB's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Wave Group AB Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Quick Ratio distribution charts can be found below:

* The bar in red indicates where New Wave Group AB's Quick Ratio falls into.


LTS:0KIZ
82GF Score
New Wave Group AB LTS:0KIZ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Wave Group AB Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

New Wave Group AB's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8589-5642)/2485
=1.19

New Wave Group AB's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8367-5776)/2116
=1.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.22 mean?
New Wave Group AB (LTS:0KIZ) has a Quick Ratio of 1.22 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Wave Group AB and its competitors. This is 11% above median its historical median of 1.10. Over the past decade, New Wave Group AB's Quick Ratio has ranged from 0.82 to 1.43. According to the industry distribution chart, New Wave Group AB ranks #376 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 33.1%.
Is New Wave Group AB's Quick Ratio too high?
New Wave Group AB's current Quick Ratio of 1.22 is 11% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 1.43. The Retail - Cyclical industry median Quick Ratio is 0.86. New Wave Group AB's value of 1.22 is 41.9% above this industry median. Based on the distribution chart, New Wave Group AB ranks #376 out of 1136 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, New Wave Group AB has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Wave Group AB's Quick Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, New Wave Group AB ranks #376 out of 1136 companies for Quick Ratio. This puts New Wave Group AB in the upper half of its industry. The industry median Quick Ratio is 0.86. New Wave Group AB's value of 1.22 is 41.9% above this benchmark. Historically, New Wave Group AB's own Quick Ratio has ranged from 0.82 to 1.43 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.86, New Wave Group AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.86, based on 1,136 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Wave Group AB's current Quick Ratio of 1.22 is 41.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Wave Group AB and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Wave Group AB's current Quick Ratio is 1.22, which is 11% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Wave Group AB stock overvalued right now?
Based on GuruFocus' analysis, New Wave Group AB (LTS:0KIZ) is currently considered Modestly Undervalued. The stock's GF Value™ is kr115.70, compared to a current price of kr94.22 — trading 18.6% below its estimated fair value. The current Quick Ratio is 1.22, which is 11% above median its 10-year median of 1.10 and 41.9% above the Retail - Cyclical industry median of 0.86. New Wave Group AB's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For New Wave Group AB (LTS:0KIZ), the current Quick Ratio is 1.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New Wave Group AB (LTS:0KIZ) Overvalued in 2026?

Based on GuruFocus' analysis, New Wave Group AB stock appears to be undervalued. The current stock price of kr94.22 is trading 18.6% below its estimated GF Value™ of kr115.70. GuruFocus considers New Wave Group AB to be Modestly Undervalued.

Key valuation signals for LTS:0KIZ:

  • Quick Ratio: 1.22 (11% above median its 10-year median of 1.10)
  • GF Value™: kr115.70 vs. price of kr94.22 (18.6% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 41.9% above the Retail - Cyclical median (#376 of 1136)

No single metric tells the full story. See the LTS:0KIZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Wave Group AB Business Description

Address Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires, and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing, and distribution of its product range. To ensure good diversification, the Group markets its products in the corporate promo market and the retail market. The group divides its operations into three operating segments: Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from the Corporate segment. The firm generates the majority of its revenue from Promo sales channel.
82GF Score

Get the complete analysis for LTS:0KIZ

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr94.22
Price
kr115.70
GF Value